Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-515"

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"en.20101020.21.3-515"2
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"The European Union is currently experiencing what must be its most serious economic and social crisis since it was founded. This sets the great challenge of finding responses to the current situation, with a view to long-term prospects. I welcome the creation of the Special Committee on the Financial, Economic and Social Crisis, as well as this report. I advocate the need for economic governance mechanisms, not least by coordinating and supervising the policies of the Member States regarding the sustainability of public finances. However, I find it regrettable that the European Parliament is not more involved in this strategic exercise of seeking solutions to the crisis: it is desirable for both the European Parliament and the national parliaments to be more closely involved in the future. I would stress the importance of cohesion instruments in this process. Firstly, the EU needs to strengthen coordination, and make better use of cooperation between the various levels of governance and the different policies. Second, territorial specificities and the asymmetrical impact of the crisis should be taken into account. As is stressed in the report, in fact, the strength of the cohesion policy in establishing a link between recovery and long-term growth is exactly as follows: establishing strategic guidelines, and giving the Member States and regions cause to implement them, and grant the instruments to pursue the objectives."@en1

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